refinance

Bank of America and Well Fargo are expected to post losses while Morgan Stanley is seen reporting a profit on Wednesday. Less certain is what the newly minted CEOs at BofA and Morgan Stanley are going to tell investors about vision and strategy.

The idea behind the $75 billion Home Affordable Mortgage Program is to give homeowners facing foreclosure a means to get lower monthly payments and stay in their houses. The participants must successfully complete a trial period and provide additional documentation to prove that they're able to...

Not all mortgage rates are created equal. There is a time and a place to consider an adjustable rate mortgage vs. a fixed rate. If you have short term plans to pay off your loan in full then an adjustable rate may save you money over the term of the mortgage. If you're planning on keeping your...

When it comes to finding the best deal on mortgage rates, some homeowners might be feeling as if they missed the boat. Earlier this month, interest rates on 30-year fixed-rate mortgages hit their lowest point since the spring, falling to 4.89 percent. Plenty of homeowners rushed to take advantage...

Interest rates for a 30-year fixed-rate mortgage hit their lowest point in the past four months at the beginning of October, when they fell to 4.89 percent. Now they've climbed back up to 5.32 percent. Does that mean you've missed the boat and shouldn't try to refinance?

In the morass of glum housing news, there is one bright spot: Tantalizing low mortgage rates are continuing to entice more homeowners to refinance. The number of applications to refinance has tripled in the past year, says the Mortgage Bankers Assn. Refinance applications soared 18% in the week...

Unfortunately divorces are a part of life and if you're unfortunate enough to go through one then there are a few things you need to understand regarding your home, mortgage and future credit. Check out this week's episode of Show & Tell with The 2 Mortgage Guys and we'll fill you in on one...

As someone who has been without a full-time job for more than a year, I've wondered how to refinance my home while being unemployed.It's a tough situation to be in. You can't get a home loan without a steady income, and without a job you can't afford your home.Interest rates have been at their...

Are you currently upside down in your home mortgage? Could life be a little easier with a lower interest rate and mortgage payment? The Making Home Affordable Refinance was created to allow you the opportunity to refinance your current mortgage when you normally wouldn't qualify to do so. The first...

While Obama's housing rescue efforts got off to a slow start, there appear to be some signs of a housing recovery. But growing unemployment and looming foreclosures could quickly put a damper on these tender green shoots. First the positive signs. Some big cities showed substantial improvement in...